DeFi Resilient Enough to Survive Black Swan Events: Hashkey Report

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.



According to Hashkey Capital’s end-of-year report, decentralized finance (DeFi) has the potential to be “several times more scalable than the existing financial industry.” DeFi protocols are resilient and are likely to survive black swan events like the Terra Luna/UST collapse in addition to their scaling potential, the paper suggested.

Source: Hashkey

Hashkey Capital, an end-to-end financial services company for digital assets, stated that unfavorable market conditions that mostly prevailed in 2022 had contributed to the reduction in the value of total assets under management in the research titled “DeFi Ecosystem Landscape Report.” The report detailed:

“The decline of the TVL – Total Value Locked (a proxy for total assets under management in DeFi) – was also motivated by the general market conditions. Lower crypto prices (due to generally unfavorable macro) mean that the value of the collaterals provided in DeFi lending is also lower, reducing the motivation to get a loan against those collaterals. DEX [decentralized exchange] activity and crypto trading volumes are also lower.”

DeFi Adoption Rate Plummets in 2022: Hashkey Report

The report’s data indicates that the TVL, which peaked at $180 billion in December 2021, fell from just under $150 billion around May 2022 to just over $50 billion in late October. Despite this TVL reduction, the research claims that some DeFi market segments continue to “show a very optimistic trend.”

Source: Hashkey

According to the analysis, there has been a massive decline in the growth rate of adoption in 2022 (31%) as compared to 2021 (545%). The research made the following observations regarding this result as well as the increase in wallets to over 5 million:

“2022 can be seen as a year of consolidation where most projects are busy building and improving their products rather than spending their resources on marketing activities. 2022 is also the year when the UI and user experience of DeFi protocols improved significantly, to a level that we can finally say that it’s easier to use some DeFi protocols than using a home banking app.”

 

You can purchase Lucky Block here. Buy LBLOCK

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *